Ansals Sushant Floors

By: Ansal API in Sushant Lok Phase 2

Sushant Lok-II is a planned locality located near DLF Golf Course in Gurgaon. A number of reputed schools and colleges are located in and around the area, making this a good place for families to live in. The Ansal Institute, ranked among the best architecture schools in India, is also situated here. Golf Course Road, located nearby, is home to a number of companies. This makes Sushant Lok-II a prime choice for people who work nearby. Because of the number of malls, restaurants, parks, stores, and banks in the area, Sushant Lok-II’s realty value stays quite high. Everything from quality health care to classy restaurants is located within a radius of a few kilometres. The presence of Artemis Hospital and Paras Hospital especially, speaks for the sound civic infrastructure of the locality.

Connectivity and Transit Points

NH-8, of which the Delhi-Gurgaon Expressway is a part, is only around 10 km from the locality. Besides the road connectivity, there’s a good public transport system in place - the Delhi Metro Network. HUDA City Centre Metro Station, a hub for the Yellow Line of the Delhi Metro is only 7 km from Sushant Lok-II. The Yellow Line connects Gurgaon through the HUDA City Center Metro Station to Jahangirpuri which is located north of Delhi. This excellent metro system is supplemented by the ever-present autos and taxis that ply the roads of Gurgaon. There is also a well-connected network of buses which service the area. Indira Gandhi International Airport is only a short trip away from Sushant Lok-II. 17 km away, the airport can be reached within 40 minutes, depending on traffic. Keeping the city of Gurgaon connected by land, the Basai Dhankot Railway Station is less than 20 km away from Sushant Lok-II. There are plans to extend the existing Rapid Metro system to the Sushant Lok area. Once this is complete, the area will be excellently connected.

Major Landmarks

• Ansal Institute
• Smiriti Vatika Park
• HUDA Park
• Tau Devi Lal Biodiversity Park
• DLF Golf Course Road

Factors for Growth in the Past

The DLF Golf Course Road is home to a number of big corporations. Growth in this area has been steady and continuous with more companies setting up offices here as time went on. This affects the growth of Sushant Lok-II favourably. With the increased demand for residential property in this area, it was developed in a well-planned manner. Amenities cropped up soon afterwards, as they always do. The talking point of this locality, besides the various amenities nearby, is the connectivity to most important parts of Gurgaon and even Delhi. This has also been an important factor which has spurred growth over the years.

Residential and Commercial Market

Residential Market Trends

The residential real estate market in Sushant Lok II is made up mainly of independent houses, followed closely by apartments. Builder floors and plots follow, in that order. Prices, for purchase, can be anywhere from Rs 400 per sq. ft. to Rs 12,000 per sq. ft. depending on the type of property and its location. Rental prices can vary from Rs 10 per sq. ft. to Rs 50 per sq. ft., again depending on the type and location of the property.

Commercial Market Trends

Sushant Lok II is purely a residential locality, with no major commercial real estate in the area. There are, however, commercial spaces both for rent and purchase in the areas that surround Sushant Lok II.

Major Challenges

This area has had problems in the past with the maintenance of infrastructure like parks, roads and general security. Residents have also experienced problems with the electricity and water supply. These are mainly caused due to shoddy upkeep and poor infrastructure. Traffic in the surrounding areas tends to get heavy during peak hours. This problem is exacerbated during the monsoon because rains deteriorate the condition of the roads. In some parts there are no proper pavements or zebra crossings for pedestrians making it very difficult to walk around the city. This locality and the ones that surround it have seen an increase in crime over the past few months. The police department are working on the problem and it will, hopefully, be resolved in the near future.

Factors for Growth in the Future

Sushant Lok II is well connected to other parts of the city. The area has easy access to most other localities nearby and ones further away, through the metro system. This has spurred the growth of this area in the past and will continue to do so as the city and it’s surroundings develop further. The planned Rapid Metro extension will include Sushant Lok II in its route when it’s completed. Better connectivity will improve the value of the locality even further.